Banking Reports

AltaPacific Bancorp had assets of $418.6 million at the end of 2017, a year-over-year increase of 19.1 percent, the financial institution has reported. The company, the parent company of AltaPacific Bank, also reported gross loans of $295.6 million for the year, a 26.8 percent increase compared with the end of …

An estimated 16,000 consumers joined an Inland Empire-based credit union during the year that ended Sept. 30, according to data release Monday. Approximately 357,000 people now belong to one of the 23 credit unions headquartered in Riverside and San Bernardino counties, the highest membership since 2010, the Ontario-based California Credit …

CVB Financial Corp. recently announced a 14-cent per share cash dividend for the fourth quarter of 2017. The dividend, which was approved by the board of directors last month, is expected to be payable on or about Jan. 22, according to a statement. All shareholders of record as of Jan. …

Flagstar Bancorp Inc. has agreed to buy eight branch offices of Desert Community Bank in San Bernardino County. Cost of the transaction was not disclosed, but the eight branch offices combined have an estimated $600 million in deposits and $70 million in loans, according to a statement. The purchase, which …

Ontario-based CVB Financial Corp., the parent company of Citizens Business Bank, had a net income of $29.7 million for the third quarter. That was an increase of $1.3 million compared with the second quarter and a $4.2 million increase year-over-year, according to the company’s third quarter report. Earnings per share …

Alta Pacific Bancorp has announced an income of nearly $3.9 billion, or 54 cents per share, for the first nine months of this year. The financial institution, the parent company of Alta Pacific Bank, had a net income of $875,000 – 13 cents per share – for the third quarter, …